Top university boss predicts that, technically, Thailand has already entered into a period of 1970s stagflation as he lowered the economic growth projection for the country to between 2% and 3% for the year with inflation running at 5%. At the same time, a lower baht was heralded by Minister of Finance, Arkhom Termpittayapaisithm, this week, as he predicted that the kingdom will ease entry criteria to boost foreign tourism while achieving export growth of between 5% and 6% in 2022.

https://www.thaiexaminer.com/thai-news-foreigners/2022/03/29/thai-planners-ready-to-let-the-baht-swing/

Joseph O' Connor reports from Bangkok.